let's get the first word news with laura wright. laura: the u.s. house is putting the stimulus pound on the fast track, aiming to vote on the bill february 26. the timeline with flex the urgency of new support of the current data passage expiring on march 14. emme kratz are putting the impeachment trial behind them to move on with other priorities. president biden intends to recalibrate the relationship with saudi arabia, emphasizing communication with king salman rather than the de facto ruler. it is the latest sign the new administration is reassessing the close ties with the kingdom established during the trump administration. brexit is hitting london's efforts to compete with new york as the world's top financial hub. according to a survey, only 31% think the u.k. capital comes out on top versus 60% for new york. that is a reversal from 2018, when over 50% saw london as the world's center for finance. only 12% think leaving the eu has made london stronger. global news, 24 hours a day on air and on bloomberg quicktake powered by 2700 journalists

right now, i want to get the bloomberg first word news with laura wright. laura?: thank you, matt, happy friday. the u.k. will require travelers from coronavirus hotspots to quarantine starting february 15. arrivals from countries on the u.k.'s travel list will need to isolate for 10 days in government approved accommodations. the news comes amid confusion about how soon the government would implement that policy, which was announced last month. the u.s. house has voted to strip republican marjorie taylor greene of her committee seats for embracing conspiracy theories and violence against democrats. 11 republicans voted with the democrats. of the others, few defended her words, but some voted against, saying it set a bad precedent. president trump once declared greene a future republican star. johnson & johnson is asking u.s. regulators to approve its experimental covid vaccine for emergency use. it cleared, it would give -- if cleared, it would give the u.s. a third vaccine. experts could meet to consider the request. global news, 24 hours a day on air and on blo

to laura wright. >> happy friday.rosecutors have concluded their case for quicking donald trump in the senate impeachment trial. they say they have proven the former president is guilty of inciting insurrection when supporters attacked the capitol to prevent a peaceful transfer of power. italy's drawingy has won broad support in his effort to form a new government. the biggest part of the parliament put its weight behind him. the prime minister designate is expected to report back to the president with his picks for the cabinet. the "new york times" is reporting that former president donald trump was sicker with covid-19 than was publicly acknowledged. he had extremely depressed blood oxygen levels and a blood problem associated with pneumonia. global news 24 hours a day on air and at "take a break" powered by more than 2400 analysts and journalists. anna: thank you. now the u.k. economy shrank 9.9% in 2020, the most since the great frost of 1709. that time around, low sunspot activities saw temperatures slumping to 1

let us get a first word news update with laura wright. a: myanmar is facing a new political crisis with the military seizing power. it has declared a state of emergency, disputing the election results and detaining the nation's de facto leader aung san suu kyi. according to reuters, aung san suu kyi is calling for protests, saying the army is pushing the nation back into a dictatorship. opec-plus has seen almost total compliance to its oil supply cuts in january. the alliance aims to withhold 7% of global supplies last month in an effort to prop up prices. following a modest increase in production for january, opec and allies have decided to keep output unchanged in february and march. protests are continuing across russia for a second straight week. more than 4000 people have been arrested, including the wife of the jailed opposition leader. it is difficult to accurately track turnout, but according to monitors, the number of people detained tops last weekend. global news, 24 hours a day on air and on bloomberg quicktake powered by 2700 j

anna: laura wright in london.ting further news, renaissance agrees to buy dialogue semi--- dialog semi is a london-based chip business. interesting to keep track of what's happening there. recommended cash offer, a bit of an update on the progress they've made in those talks. we will look for a movement in the share price of dialogue semiconductor when we get to trading in 28 minutes time. european equity markets futures, 2.2 to the upside, perhaps a little catch-up to play in europe, but u.s. futures also point higher. s&p futures continue to point to the upside, nasdaq futures point even higher, up just .5% or so. strong session through asia. we're once again talking about reflation trade, talking about the oil price, as matt was referencing, the oil price going about $60 a barrel earlier on in trading overnight in the asian session. so, a lot to talk about. we also need to talk about vaccine development. developers say they are look -- working on a new shot to combat the south african variant of the virus after

let's get the bloomberg business with laura wright in london. uisse's posting a lower-than-expected loss for the fourth quarter. it is a relief for ceo thomas gottstein after a tumultuous first year in charge. results against key divisions of the bank were better than forecast with long bus provisions lower-than-expected. it sobbed big hits from u.s. legal charges and hedge fund investments. bitcoin's rally shows little signs of slowing down, with the token jumping past $52,000 for the first time. for the crypto faithful, it is a sign the digital asset is grabbing mainstream attention, but for some, it is emblematic of the froth and financial markets and they are waiting for volatility to die down. >> stability is guaranteed in the end to the concept of a stable coin because it is backed by an asset. here's where you come to non-asset-backed cryptocurrencies. you are talking bitcoin, you talk a range of others. right now, with the lack of stability, fluctuation of prices make them not usable from a payment perspective. laura: that is your bloombe

for that, we go to laura wright in london. ura: england has hit its milestone of immunizing the top four priority groups, including the over 70's by february 15. with 15 million vaccinations, the u.k. has given at least one shot to over 25% of the adult population. it and the pressure on boris johnson to begin reopening the economy. new zealand's summer of unrestricted movement and social interaction has come to an abrupt halt due to three new cases of covid-19 after an emergency cabinet meeting, the prime minister put the country's largest city into a snap three-day lockdown. she also reimposed social distancing for the rest of the country. former president donald trump has been acquitted on the impeachment charge of inciting insurrection. most senators voted against trump but fell short of the two thirds supermajority needed to convict. despite voting to acquit, mitch mcconnell described the former president as practically and morally responsible for the attack on the capital. global news, 24 hours a day, on air and on bloomb

now let's get to the bloomberg first word news with laura wright. hi, laura.ra: good morning, francine. president trump quit backing in 2018 and a step toward easing tensions that have raised it -- risen steadily over the past four years. a source tells bloomberg knows it is not a concession to iran, but concessions are common sense. the u.s. is likely to hold off any sources over nord stream 2. the biden administration is looking to halt the project but does not want to antagonize a key european ally. only a small number of sanctions linked to russia. nasa is celebrating the landing of perseverance landing on mars, the most sophisticated robot to get to the red planet. it is the trickiest landing nasa has ever attempted. the rover also carries on genuity, which will attempt to fly on another planet. global news, 24 hours a day, on air and at bloomberg @quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am laura wright. this is bloomberg. francine? francine: laura, thank you so much. now, the u.s. is set to supercharge

anna: laura wright in london., boris johnson will outline how the government plans to lift the national coronavirus lockdown over the coming months. he's expected to announce all schools will reopen from march 8 as the first step to be opening the economy. hugh gimber, jpmorgan global market strategist is still with us. you lead us into an interesting thought in our last conversation about the types of businesses that will be able to bounce back the types that won't. we saw at the time the pandemic really hit, the markets didn't draw much distinction between global aviation businesses and those that operate pub chains but they will behave differently when it comes to the reopening story. hugh: i think that's right. the other piece of the puzzle here is which sectors the government is going to work hardest to protect because for the past 12 months or so, government support has been broad-based and they are rightly -- there rightly has been no way in trying to distinguish between the sectors where the pandemic is go

laura wright has the agenda this monday morning. ura: astrazeneca is planning to deliver an extra 9 million doses to the e.u. this quarter as they try to get their chaotic vaccination drive on track. only half of what they expected by march. europe has come under fire for its slow rollout and says it will start restricting the export of vaccines as drugmakers fail to meet delivery targets. opec-plus has seen almost total compliance for its oil supply cuts in january. the alliance aims to withhold 7% of global supplies last month in an effort to prop up prices. following a modest increase in production for january, opec and its allies decided to keep output unchanged in february and march. protests are continuing across russia for a second straight week. more than 4000 people have been arrested including the wife of jailed opposition leader. according to monitors, the number of people detained topped last weekend. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more

let's get to the first word news with laura wright. nora. laura: thanks. oxford university is starting a trial combining the covid-19 vaccines from astrazeneca and pfizer. it will see of two shots of different vaccines are better or worse than two doses of the same product. it could enable greater flexibility in the rollout of the shots across the world. president joe biden said he will not retreat from his promise for a $1400 stimulus check but he is open to tightening up the eligibility rules. in the past two rounds of aid, people earning up to $75,000 could get the full payment. cats are weighing lowering the cap $50,000. protests against myanmar's who are growing. the military is tightening its grip on power, ordering internet service providers to temporarily block access to facebook. authorities charged the former civilian leader with violating important rules and possessing illegal walkie-talkies. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloo

let's get a first word news update with laura wright. ura: the wto has chosen the first woman and first african to lead the organization. the former nigerian finance minister will now have to restore trust and the rules-based global trading system hit by protectionism and the pandemic. >> for the first time, you are selecting a woman and an african as director general. this is groundbreaking and positive. i'm grateful for the trust you have in me, not just as a woman and an african, but also in my knowledge, experience, and as some of you have said, courage and passion. to work with you to undertake the wide-ranging reforms the wto needs to reposition itself for the future. laura: myanmar's military junta has shut down the internet for a second night as part of efforts to stem nationwide protests after it seized power from civilian leaders on february 1. authorities are trying to disrupt telephone and internet access to make it harder for demonstrators to organize. global news, 24 hours a day on air and on bloomberg quicktake powered by 2

let's get the bloomberg business flash for laura like -- laura wright in london. berg sources say germany's largest lender intended to pay out 2 billion euros. that after cuts with talks with the regulator. no comments from deutsche bank or the ecb. curtis weise is looking to gain full control over its security center in china. it plans to double the fastest-growing major economy. it has been working to upgrade its infrastructure and move more bankers into china. that's your bloomberg business flash. matt? matt: laura wright in london with your business flash. britain's biggest corporate lender will also exit ulster bank, its 150-year-old irish unit, which has underperformed since the financial crisis. we spoke with the lender's cfo, katie murray about the decision to wind down the division. katie: we very much continue it's not going to be possible to meet and acceptable return, so we entered into a nonbinding agreement with aib in terms of the sale of some of our loans and we are continuing another conversation with strategic partners. the reality is it takes tim

let's get your first word news with laura wright. laura: china is calling on the biden administration to scrap tariffs, putting the onus on washington to prepare -- repair their relationship. china's foreign minister said the two sides should reopen some channels of dialogue that was cut off under the trump administration. >> more than ever, china and united states are capable of getting big beneficial things done. under the current circumstances, interact actively and build up goodwill. we hope the united states will adjust its policies as soon as possible. laura: an explosive engine failure has shower debris over a suburb. u.s. regulators are ordering emergency inspections of the boeing 777 engine made by raytheon and japan is holding flights. the plane in question landed safely in denver and nobody was injured by the falling debris. global news, 24 hours a day on air and on bloomberg quicktake powered by 2700 journalists and analysts in more than 120 countries. manus: thank you. coming up on the show, we turn our attention to europ

let's get a first word news with laura wright. laura: bitcoin is paring gains after this weekend's rally took it to a new record high of almost $50,000. it comes as the world of financial services seems to be embracing the cryptocurrency with morgan stanley considering placing a bet on the coin. canada has approved the north american bitcoin etf. former president donald trump has been acquitted on the impeachment charge of inciting insurrection. most senators voted against trump but fell short of the two thirds majority needed to convict. despite voting to a quick, mitch mcconnell described the president as being morally responsible. the u.k. is stepping up efforts to encourage investment in renewable energy and sustainable agriculture. the government is launching green finance hubs in london and leeds that will start working april. the mission is to provide analytics to financial institutions that will support investment decisions. global news, 24 hours a day on air and on bloomberg quicktake powered by 2700 journalists and analys

laura wright is our reporter tracking the tech story. what can we expect from amazon? a: amazon's fourth-quarter sales are expected to increase by around 37%. this is due to a holiday surge from secondary sellers. key components including electronics, apparel, and books account for more than half of their value. that is according to data from an e marketer. amazon believes a second round of stimulus will add to the momentum. the key jewel is a cloud product. this division makes up a good portion of operating profit, around 60%. fulfillment costs may rise and regulation constitutes another risk. it is unclear what kind of antitrust scrutiny the group could face under the biden administration. annmarie: we will also be getting results from alpha bet. laura: 17% growth. sales driven by advertising demand. and the second is the cloud. since the pandemic, there has been a mass migration to the public cloud. the cloud could exceed 50% in the fourth quarter with the potential to reach $20 billion in annual reoccurring revenue. we expect an overall acceleration with paid clicks

let's get the first one is with laura wright. laura: the world trade organization has chosen the first woman and first african-american to lead the organization. >> the first time in the 73 years of gatt and wto, you are selecting a woman and an african as director general. this is groundbreaking and positive. i am grateful for the trust you have in me, not just as a woman and as an african, but also in my knowledge, experience, and as some of you have said, courage and passion, to work with you to undertake the wide-ranging reforms that wto needs to reposition for the future. laura: freezing weather in texas has plunged at least 5 million people into dark is. homes and businesses from north dakota to texas are losing power during a deep-freeze to vent the complete collapse of the grid. global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. manus: thank you. coming up on the show, as concern over europe's vaccine rollout per

now, let's get a recap of the first word news with laura wright. good morning. ura: a company catering to women and led by women has made their founder a billionaire. bumble sort on its debut in new york, putting the ceo's estate at about $1.5 billion. of the over 500 companies that have gone public in the u.s. the last year, bumble is only the third founded by a woman. >> i'm just so proud of our team forgetting to this day. it's been such a journey. and for those first people that believed in us and subscribed to this radical idea of a woman making the first move, they have been really what drove this home. laura: concluding the case for convicting donald trump his senate impeachment trial. they say their former president is accused of inviting insurrection when supporters attacked the capitol. the defense is set to present its case today. yesterday open tennis tournaments in melbourne will continue without spectators as it enters a snap five-day lockdown. all must stay home except for essential activities, including work. australia is hoping to contain its out

matt: thank you very much, laura wright.our stocks to watch, including total bucking the trend of disappointing oil results, and looking to change its name to a more esg friendly moniker. this is bloomberg. ♪ matt: welcome back to the european open, we are just about six minutes from the start of cash trading, and looking at a futures picture down, but not in size. euro stocks 50 futures down fractionally. brent crude into used to rise, now above $61 a barrel, and the dollar is declining as measured by the bloomberg dollar index, down 0.2%. let's get your stocks to watch with dani burger. total once to be called something cooler. dani: this is part of their move to be carbon neutral. they say a fifth of their investments will go to renewables and electricity. they beat earnings, bucking the trend in big oil. also a 35% jump in retail revenue, however their ability to meet demand going forward will be important for how the retail earnings shape up. it is bullish on technology. more consumer brands, they are sticking with havi

let's get a bloomberg first word news update now with laura wright. es its first known military action. the defense department says multiple facilities were destroyed. this comes after a series of rockets attacked on u.s. forces in iraq. next month is the 10th anniversary of the syrian civil war. the u.s. intelligence report is expected to say saudi arabia approved the killing of washington post killing of jamal khashoggi. a source says it may be declassified as soon as today. he says he expects symbolic responsibility as the de facto ruler. mitch mcconnell said he would support donald trump again if he is the republican party's nominee for president in 2024. his remarks or an about-face from his comments less than two weeks ago. he gave a speech in the senate, saying trump was practically and morally responsible for the attack on the capital january 6. global news, 24 hours a day on air and on bloomberg quicktake, powered by more than 2,700 journalists and analysts in more than 120 countries. this is bloomberg. anna? anna: thank you very much, laura w

we are joined by laura wright. what are we expecting from amazon? mazon's fourth-quarter sales are expected to increase 37% due to holiday sales surge, 60% increase on prime day alone. books and apparel remains central, accounting for half of their merchandise value. analysts believe the second round of stimulus checks will add to this momentum, but key is the real jewel, amazon's cloud product could see strong gains of 28%. this division makes up a good portion of operating profit, around 60%. the fulfillment costs and regulation constitutes another risk. it is unclear what kind of antitrust scrutiny the group could face under the biden administration. anna: we are also expecting numbers out of alphabet, what is the story? laura: the sales growth is 17%. youtube ad sales driven by advertiser demand and the cloud. since the pandemic, there is a mass migration from on premise to the public cloud, due to workers staying at home. alphabet's cloud growth could exceed 50% in the fourth quarter with the potential to reach $20 billion in annual recurring re

we go back to laura wright in london. ura: donald trump's impeachment trial has seen a graphic video of the violent mob stocking vice president mike pence and house speaker nancy pelosi. >> where are you, nancy? we are looking for you. nancy, oh, nancy. laura: it is being portrayed as the culmination of his long campaign to stoke anger over the election. six publications agreed the trial is constitutional but the prosecution seems far from winning the 17 gop votes needed to convict trump. the e.u. is rebuffing the call to reset the relationship over northern ireland. britain wants to delay border checks on some goods entering the province, particularly food and medicine. the u.k. urges -- urgently needs to implement measures it already agreed to. reports say the former japanese prime minister plans to resign as head of the organizing committee of the tokyo olympics. it comes in the face of growing criticism over his demeaning comments about women, long known in japan for his numerous gaffes. last week, he said you need to

laura wright with your first word news.oming up, smurfit kappa says 2021 started well after reports of full-year operating profit better than the street estimates. we speak to the paper packaging manufacturer cfo annette. -- cfo next. ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. anna: 40 minutes until the start of equity trading. the hong kong market doing well. european futures to the upside by 0.4%. smurfit kappa's 2021 has started well. packaging manufacturer reported abbott da that surpassed estimates -- ebit da that surpassed estimates. we are joined by the smurfit kappa cfo. how sustainable is the story going to be? is the pandem

laura wright. laura: the u.k.tting a target to vaccinate all over 50's by the end of april but boris johnson's morning it's too soon to talk about lifting the nation's lockdown. experts say more data on the success of vaccines is needed before restrictions can be eased. the prime minister told people not to book any summer holidays yet. the bank of england governor says the e.u.'s post brexit requirements are unrealistic and it underlines the gulf between the u.k. is a block over equivalent rules. amsterdam overtook london as europe's largest share trading hub in january. the u.s. is imposing sanctions on military leaders in the anwar following a coup. it will deprive the army chief of approximately $1 billion of assets held in america. the news comes as the defective leader is still in detention amid protests across the country. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. manus, annmarie. manus: l

get your first word news with laura wright at london hq. ura: thanks. ♪ manus: daybreak europe with manus cranny endure by and amory horton alongside me. angela merkel has warned germany is in the midst of a third wave of coronavirus infections. the chancellor says moves to reopen schools and businesses should be weighed with caution as the country debates exiting its lockdown. bloomberg understands that astrazeneca expects to deliver less than half the covid vaccine that it promised to the eu in the second quarter, threatening to reignite the feud with brussels. the company told the eu officials it would supply less than 90 million doses. let's get to brussels with maria tadeo. this is the last thing that europe needs to hear right now. a vaccine delay. talk us through we were with the story. maria: to some extent, astrazeneca has been problematic for the european union. it's the saga that keeps on going. astrazeneca reportedly will cut deliveries from q2. 180 million doses, the original target, to just 90. almost a 50% cut. this is coming

let's get a recap of first word news with laura wright. ura: richie sue not urged to deliver a 100 pound fiscal boost last that -- next week. the think tank is calling for targeted stimulus on top of existing support. bloomberg sources say the u.k. also plans to keep corporation tech competitive. that -- the u.k. has the lowest rate in the g7. performing the wto. the body will be a key priority for the incoming director general. he says the process will be easy. it has been hobbled since 2019 after the trump administration vetoed any new appointments. >> a very great desire to reform the dispute settlement with the appellate poly -- body. i know the biden administration still has issues with it. as previous administrations. there are some valid criticisms of the way that the body functions. laura: warren buffett's right-hand man thinks brokers like robin hood who attract and experience retail investors are essentially offering gimli services. the 97-year-old says commission free trading is a lie in the platform found a dirty way to make mon

let's get the first word news with laura wright. ura: eu leaders are closer to establishing a joint vaccine passport to enable company -- countries to reopen travel. ursula von der leyen is urging them to worry, saying that apple and google may step into the back room. there is support for a vaccine certificate of no sort. no agreement on what type of privileges it would grant. brazil has hit 250,000 coronavirus test as it struggles with the shortage of vaccines. it comes days after the nation became the second in the world to record 10 million cases of the disease. in the u.s., the number of hospital admissions is plummeting. the u.s. intelligence report is expected to say that saudi arabia's crown prince approve the killing of washington post columnist gamal khashoggi. it may be declassified as soon as today. the prince has denied any involvement but says he accepts responsibility as the countries ruler. global news 24 hours a day on air and at bloomberg quicktake, powered by 2700 journalists and analysts in 120 countries. this is

anna: thank you very much, laura wright.top phenomenon squeezed short-sellers and caught the eye of regulators, including the european securities in markets authority. my next guest is worried about the risks retail investors take when participating in social media driven trading as a european parliamentary committee holds a hearing on gamestop and what it means for retail investors on this side of the atlantic. we are joined by steven maijoor, chairman - management board, european securities & markets. what is the big lesson europe needs to learn from the gamestop phenomenon. ? steven: i think you put the situation clearly, it is about a lesson learned for europe. it is mainly a development in the u.s. there has been some impact on individual issuers in the eu, but clearly this is so far a u.s. phenomenon. the lessons learned here relate to risks for investors and what we are seeing, and we see that in europe, a bigger participation during the covid-19 crisis by retail investors. there are risks in getting your advice from

laura wright with your business flash in london.up, deutsche bank's dws group pools and record cash, capping its best year for inflows since the asset manager was listed. we will get more details about results with dws cfo, claire peel. this is bloomberg. ♪ ♪ matt: welcome back to "bloomberg markets: european open." we are 18 minutes away from the start of cash trading and we are looking at green arrows across most futures contracts. euro stoxx 50 futures back up again. brent crude is up 1%. almost $60 per barrel for the global benchmark. the dollar is rising, which could be, depending on how the correlation sits right now, a risk off signal. deutsche bank's dws has pulled in the record crash in the second quarter, capping its best year for inflows since the asset manager was listed. they have under 800 billion euros of assets under management. joining us is claire peel, cfo at dws. what drove these record inflows? do you expect them to continue at the beginning of this year? claire: hi, good morning. yes, we closed 2020 q4, a very

let's get the first word news with laura wright in london. >> president biden intends to recalibrate u.s. relationship with saudi arabia. is the latest sign the new administration is reassessing most ties with the kingdom established during the trump administration. singapore stands to rein in its budget deficit digging into the governors are for new stimulus package of around $8.3 billion. he comes after the nation's biggest ever contraction in 2020 with gdp falling over 5%. exceed to rebalance this year but the outlook remains challenging. >> it will be our biggest budget so far. the recovery is as we expect. i think we should be able to balance our budget over this term of government. >> citigroup is struggling to recover over a half billion dollars it accidentally paid out , saying it's effectively finders keepers. the bank is appealing the decision. payment that ended up including principal as well. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. annmarie: thank y

let's get to laura wright. >> new findings from the u.k. shows coronavirus shots provide a high level of protection after just a single dose. initial data shows it reduces the risk of infection by more than 70% after the first dose and 85% after the second. hong kong's leader says it is crystal clear that beijing needs to reform the electoral system. carrie lam says the political unrest has forced beijing to ensure it is run by patriots. even more cuts to hong kong's are ready limited democracy. treasury yields -- a blow to some of the markets high flyers. etf drops nearly 6% yesterday. worst performance of the year. tesla plunged a .5%. it was a big winner last year. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. manus. annmarie: coming up on the program, as hsbc earnings beat the fourth quarter, we have an exclusive conversation with the cfo. that is manus and stevenson. this is bloomberg. ♪ manus: it is your daily diet of

let's go to laura wright. >> president biden's covid bill pledges ahead to raise the minimum wage up5 an hour by 2025. lawyers for former president donnel trump have laid out their case of impeachment arguing the second trial is uncushion constitutional because he has already left office. protests are continuing across myanmar after the army imposed a military curfew. the leader and other civilian leaders are in detwedges the army disputing election results. global news 24 hours a day. and on bloomberg quick take. powered by more than 120 journalists and analysts. manus: thank you very much. let's turn our attention to the earnings season. it continues. a close margin for the fourth quarter. seeing significant headwind from the pandemic with the two largest markets, europe and the u.s. still facing lockdown and restrictions. let's get to jack. hen we exit lackdowns, when the vaccine rolls out and we reopen. do you get the sense that we're going to see a spike higher in temporary employment or full time employment when that leaf comes? good morning. >> yes, good morning. by the way, i

laura wright in london with your business flash. is looking to a familiar face to lead it out of its latest political crisis. the former ecb president mario draghi has been approached to become the next prime minister. joining us now is john filleting -- bloomberg's reporter in rome. i think a lot of people have a great deal of respect for mario draghi and the job he did at the helm of the ecb, but why was he chosen to take on this challenge? >> good morning. it is because he is a prestigious figure and the politicians have failed. there were two rounds of talks, and attempt to see whether the parties in the outgoing coalition of the prime minister could patch up their differences and reach a new agreement. that failed, so basically, the president, whose job it is to pick a new premier reached out and is going to meet mario draghi today at midday and offer him a mandate to become prime minister designate. anna: and what is it that influences his prospects from here? he's going to be asked, is it as simple as whether he wants the job

anna: thank you very much, laura wright. coming up, travel and leisure stocks soar.e get a take on reopening trade, and do we need to be more granular? this is bloomberg. ♪ anna: welcome back to "bloomberg markets: european open." after yesterday's post powell recovery for u.s. stocks, you might expect futures would look more positive. dax futures flat. european futures to the downside. u.s. futures weaker as well. cyclical stocks outperformed in the u.s. session yesterday with travel and leisure some of the biggest gainers begin to lay out roadmaps out of lockdown. what is the best way to play the reopening trade? marcus morris-eyton, portfolio manager / director, allianz global investors is still with us. when we think about reopening, how do you divide that up and do you divide it by sector? that might not be granular enough. thinking about aviation, if you are an airline that operates domestically in a place with unimpeded travel, you will do fine. if you cannot cross borders, you will do less well. how are you thinking about the reopening trade in the parts that

i was lucky enough to be out there for the spaceship 1 flight and kris and laura, it was a little like watching the wrightthers in north carolina. it was just so exciting to watch. >> that is really cool. what a great experience. >> very cool. >> it was wonderful. >> thank you, scott. >>> if you grew up in the late '80s and '90s you know screech, look at him. he was just a baby. san jose native is being remembered this morning, dustin diamond, the actor who played screech on "saved by the bell" was just 44 years old and died just three weeks after he found out he had stage iv lung cancer. his former co-stars have been paying tribute on social media, mario lopez wrote in part "life is extremely fragile and it's something we should never take for granted." >>> and legendary singer tony bennett is revealing more about his own personal health struggles. >> "today in the bay's" marcus washington joins us now more. good morning, marcus. >> good morning, kris and laura. you know what? you can call him icon, legend or just a cool cat but tony bennett is revealing that he is battling alzheimer's disease, and many

laura, back to you. >> erica hill, thank you for that. >>> republican congressman ron wright of texas has become the highestofficial to die of coronavirus. wright's office said the congressman was admitted to baylor hospital after contracting the virus on january 21st. his wife susan who was also hospitalized with covid was by his side when he died. he was battling cancer. president biden remembered him as a fighter and vowed to beat the virus in his memory. >>> about 15 minutes after the hour. news into cnn about the origins of the coronavirus. our nick peyton walsh monitoring what the world health organization and chinese officials are saying right now. nick, what's happening? >> reporter: interesting developments here. this is a key w.h.o. investigation into where coronavirus came from. now obviously the accepted story until this point by most people has been that it emerged in china from wuhan from a seafood market where a super spreader event has occurred. there are a lot of studies saying it may have emerged before that, possibly coming from bats into humans. why is it important to find out the real s

wright will be -- thank you so much. we apologize for that. let's bring in laurasenior research fellow at the heritage foundation, former's deputy chief of staff for the development of homeland security under donald trump, great to have you. what is your biggest concern about the biden immigration plan? >> so many things in that bill, it is over 300 pages long, it is truly a wish list by the radical left of what they want to do to immigration which is the race the line between legal and illegal immigration, it opens the borders and greatly reduces the number of people being deported. jillian: listen to what jen psaki had to say on this yesterday. >> this legislation modernizes our immigration system, provides hard-working people who lived here for decades an opportunity to get citizenship, this is not historically democrat or republican primary but an american one. jillian: how they ends, talking about how this is an american priority, you to have a lot of americans who have been struggling in the midst of this pandemic in the last year saying i need help, what ab

laura, back to you. >> joe johns, thank you so much for that. >>> prooibesident biden does no want to be distracted by the impeachment trial. jasmine wright is live at the white house. there is so much going on other than the impeachment. the covid relief bill. what's happening with schools. what all is on the president's plate this week? >> reporter: well, congress's focus is shifting from the president's covid relief bill to the senate as it turns to the senate impeachment trial starting on tuesday. the white house is planning to go along with business as usual as they are in the middle of these covid relief negotiations. one white house official says president biden will keep a busy schedule pushing the pandemic and his covid relief bill. that is instead of getting pulled into the process. one part of the pandemic is how to open schools safely and when to do that. that is a question that is being debated across the country. president biden really weighed in on this issue yesterday in one of those traditional super bowl interviews on cbs. take a listen. >> do you think it's time for schools to reopen? >> i think it's time for schools to

wright is live at the white house. jasmine, can't imagine this is how the president expected to start this week but here we are. >> reporter: yeah, laurang vaccine catchup. they're trying to deliver the vaccines that were delayed because of the weather. yesterday white house officials said they had delivered 2 million out of 6 million doses looking to catch up by the middle of the week. the setback came as the white house is continuously trying to ramp up the vaccine efforts across the country. the setback affected all 50 states in the country. yesterday on nbc dr. anthony fauci projected that they would be caught up by the middle of the week. >> obviously it is a setback because you'd like to see the steady flow of vaccine getting out there to get into people's arms. we can play pretty good catchup. when you put your foot to the accelerator and push, we'll get it up to where we need to be by the middle of the week. >> reporter: now on friday president biden said he was confident that his administration would exceed that initial goal for vaccines. remember, he said he wanted to vac senate in the first 100 days. now biden is saying he's

laura always a pleasure, thanks for being us. i have to get this in and this news broke sadly moments ago. texas republican congressman ron wrighte years of painful, sometimes debilitating treatment for cancer. congressman ron wright was 67. he's the first sitting member of congress to die from the virus. we will have more for you after this with 2 unlimited lines for less than $30 each. call 1-800-t-mobile or go to t-mobile.com/55. ♪♪ ♪♪ announcer >>> your smile. ♪♪ it's the first thing people notice about you. it's what people remember about you. if you want to have the confidence that your smile is the best it can be. you have to try smileactives this game changing teeth whitening breakthrough has helped over a million people get whiter teeth and a brighter, healthier smile. spencer >>> smileactives gave me something i've been looking for for a long, long time. a whiter, brighter smile that's noticeable by other people and by myself. janell >>> smileactives gave me an even, brighter smile. after thirty days i notice not just a whiter smile but a bigger smile. announcer >>> smileactives gets your teeth white and keeps them whi